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Steve Bannon was arrested by US Postal Service agents
Grace Panetta
4 hours ago
A Postal Service carrier, K. Ng, rides a Segway on his route in San Francisco on July 15, 2002. Justin Sullivan/Getty Images
- Steve Bannon, a former Trump campaign adviser, was charged with fraud by federal prosecutors in New York on Thursday and arrested by agents from the US Postal Inspection Service.
- Prosecutors charged Bannon and three others with conspiracy to commit wire fraud and conspiracy to commit money laundering in connection with a private campaign to build a border wall.
- CBS News and NBC New York reported that federal agents from the Postal Inspection Service arrested Bannon aboard a boat off the coast of Westbrook, Connecticut.
- Visit Business Insider's homepage for more stories.
Steve Bannon, a former Trump campaign adviser, was charged with fraud by federal prosecutors and arrested by agents from the US Postal Inspection Service on Thursday.
The arrest came as the Trump administration faces accusations that it's trying to undermine the Postal Service in a crucial election year.
Postal Inspection Service agents arrested Bannon aboard a luxury mega yacht, the $28 million Lady May owned by Chinese businessman Guo Wengui, off the coast of Westbrook, Connecticut,
according to the Hartford Courant. Bannon is expected to appear in court later Thursday.
Prosecutors in the Southern District of New York
announced on Thursday morning that they had charged Bannon, Brian Kolfage, and two others with conspiracy to commit wire fraud and conspiracy to commit money laundering in connection with a multimillion-dollar campaign to raise money to build a wall on the US's southern border.
Prosecutors said Kolfage and Bannon defrauded donors out of millions of dollars and used their donations to enrich themselves, funneling the money through a complicated web of shell companies and nonprofits.
The US Postal Inspection Service, or USPIS, is the
investigative and law-enforcement arm of the Postal Service, tasked with investigating a wide range of crimes including narcotics trafficking, mail and identity theft, cybercrime, money laundering, and fraud and scams involving the mail.
US attorneys' offices work with several federal investigative agencies, such as the USPIS, the FBI, and the Drug Enforcement Administration, to bring federal criminal charges against defendants.
Over the past few weeks, the Postal Service has been the focus of a substantial amount of attention and controversy. It's facing serious financial difficulties from a significant drop-off in mail volume because of the coronavirus pandemic. While the Postal Service, which
doesn't take taxpayer money, is expected to remain solvent through next year,
its financial state is a long-term problem.
Prosecutors said Kolfage and Bannon defrauded donors out of millions of dollars and used their donations to enrich themselves, funneling the money through a complicated web of shell companies and nonprofits.
The US Postal Inspection Service, or USPIS, is the
investigative and law-enforcement arm of the Postal Service, tasked with investigating a wide range of crimes including narcotics trafficking, mail and identity theft, cybercrime, money laundering, and fraud and scams involving the mail.
US attorneys' offices work with several federal investigative agencies, such as the USPIS, the FBI, and the Drug Enforcement Administration, to bring federal criminal charges against defendants.
Over the past few weeks, the Postal Service has been the focus of a substantial amount of attention and controversy. It's facing serious financial difficulties from a significant drop-off in mail volume because of the coronavirus pandemic. While the Postal Service, which
doesn't take taxpayer money, is expected to remain solvent through next year,
its financial state is a long-term problem."
Oh gee the post office demanding billions $$$$$$$$ is behind this...or should I say the dems at the post office demanding billions $$$$ are behind this. Sounds more like they trying to hurt Trump by going after Bannon-----no wonder the lib trolls aren't posting the whole story.